Brandon Elster - 01 Mar 2024 Form 3 Insider Report for LUXURBAN HOTELS INC. (LUXH)

Role: Chief Development Officer
Signature: Brandon Elster
Issuer symbol: LUXH
Transactions as of: 01 Mar 2024
Net transactions value: $0
Form type: 3
Filing time: 04 Mar 2024, 18:23:06 UTC
Next filing: 12 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LUXH	Common Stock						194,399	01 Mar 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LUXH	Employee Stock Options							01 Mar 2024	Common Stock	155,000	$1.76	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 100,000 shares of the Issuer's Restricted Common Stock issued to the Reporting Person on March 1, 2024 pursuant to the terms of the employment agreement between Reporting Person and Issuer. One-fourth of such Restricted Common Stock shall vest on an annual basis beginning March 15, 2025.
F2	Represents Employee Stock Options issued to the Reporting Person by the Issuer. Employee Stock Options owned by the Reporting Person vest annually in three installments beginning August 12, 2023.